BUSN 491 response 1 week 1

Describe possible ideas for business start-up. In what ways can you imagine integrating your faith in a business start-up?

Your response for the main posting should be between 250-300 words and in APA format and have at least 2 scholary references.

Above is what we had to answer. Below is one of my fellow students post that I need to respond to.

Consider that, “[e]ntrepreneurs put people together in particular ways and combine them with physical capital and ideas to create a new product or to produce an existing one at a lower or competitive cost,” (Lazear, 2005, pp. 649-650). Entrepreneurs “have their own businesses [and] work for themselves…[e]ntrepreneurs are often both owners and employees,” (Mariotti & Glackin, 2016, p. 3). The idea of being an entrepreneur has always been an appealing one to me and I have a few ideas for possible business start-ups. The first idea is to open a small fine arts school in my local area. While there are numerous dance studios scattered around, there is no center where a student can learn the arts of music, dance, and theater all in one facility. My second idea would be to open up a spa/beauty center, which offers makeup artists and aestheticians available for services to the public. Customers could also purchase skincare and makeup products. My third idea would be to open up a small gym that offers primarily personal training. Clients can come in and receive their training, but other equipment would be included that experienced fitness people could come in and pay a monthly or daily fee and workout by themselves.

Considering how faith can be integrated into a business start-up, Isaiah 58:11 reveals, “The Lord will guide you always; he will satisfy your needs in a sun-scorched land and will strengthen your frame. You will be like a well-watered garden, like a spring whose waters never fail,” (NIV). By using the Lord as a guide through all business decisions, even in the beginning, and implementing core values that reflect Godliness and biblical principles, one can begin to intertwine faith and business.

Lazear, E. (2005). Entrepreneurship. Journal of Labor Economics,23(4), 649-680. doi:10.1086/491605

Mariotti, S., & Glackin, C. (2016). Entrepreneurship: Starting and Operating a Small Business (4th ed.). United States: Pearson Education, Inc.